Ingenic Semiconductor (300223) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue reached RMB 1.06 billion, up 5.28% year-over-year, driven by recovery in automotive, industrial, medical, and communications sectors.

• Net profit attributable to shareholders was RMB 73.90 million, down 15.30% year-over-year, mainly due to increased equity incentive expenses and gross margin fluctuations.

• All major chip product lines (computing, storage, analog & connectivity) achieved year-over-year sales growth.

Financial highlights

• Operating income: RMB 1,060,232,459.55, up 5.28% year-over-year.

• Net profit attributable to shareholders: RMB 73,904,992.30, down 15.30% year-over-year.

• Net profit excluding non-recurring items: RMB 66,347,906.29, down 18.83% year-over-year.

• Operating cash flow: RMB 175,151,109.32, up 388.33% year-over-year.

• Basic EPS: RMB 0.1535, down from RMB 0.1812 year-over-year.

Segment performance

• Computing chip revenue: RMB 270.11 million, up 12.41% year-over-year.

• Storage chip revenue: RMB 662.55 million, up 3.44% year-over-year.

• Analog & connectivity chip revenue: RMB 119.27 million, up 12.30% year-over-year.